ATLANTA, GA

Courts Foundation Inc.

Quick Facts

EIN: 586036859
Location: ATLANTA, GA
Phone: (404) 523-6057
Category: General
Total Assets: $38.3M
Annual Income: $35.8M
IRS Ruling Year: 1972
Organization Type: Non-Operating Foundation
Tax Deductibility: Contributions are deductible

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About This Foundation

Courts Foundation Inc. is a private corporation based in ATLANTA, GA. The foundation received its IRS ruling in 1972. It holds total assets of $38.3M. Annual income is reported at $35.8M. According to available records, Courts Foundation Inc. has made 1 grants totaling $1.9M, with a median grant of $1.9M. Grant recipients are concentrated in Georgia. Contributions to this foundation are tax-deductible.

Application Information

Deadline

APPLICATIONS FOR GRANTS MAY BE SUBMITTED ANYTIME. APPLICANTS ARE USUALLY NOTIFIED WITHIN ONE MONTH.

Restrictions

GRANTS ARE MADE PRIMARILY, BUT ARE NOT LIMITED TO, HEALTH CARE, RELIGIOUS, AND EDUCATIONAL INSTITUTIONS. NO GRANTS ARE MADE TO INDIVIDUALS.

Frequently Asked Questions

What does Courts Foundation Inc. fund?

Courts Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in GA.

How much does Courts Foundation Inc. give in grants?

Courts Foundation Inc. has distributed a total of $1.9M across 1 grants. The median grant size is $1.9M, with an average of $1.9M. Individual grants have ranged from $1.9M to $1.9M.

How do I apply for a grant from Courts Foundation Inc.?

The application deadline is APPLICATIONS FOR GRANTS MAY BE SUBMITTED ANYTIME. APPLICANTS ARE USUALLY NOTIFIED WITHIN ONE MONTH.. GRANTS ARE MADE PRIMARILY, BUT ARE NOT LIMITED TO, HEALTH CARE, RELIGIOUS, AND EDUCATIONAL INSTITUTIONS. NO GRANTS ARE MADE TO INDIVIDUALS.

Where is Courts Foundation Inc. located?

Courts Foundation Inc. is headquartered in ATLANTA, GA.

Key People & Compensation (2023)

Name	Title	Compensation	Benefits	Total
Erin Boorn	EXECUTIVE DIRECTOR	$33K	$0	$33K
Betsy H Verner	EXECUTIVE DIRECTOR	$26K	$0	$26K
Malon W Courts	TRUSTEE	$0	$0	$0
Lynda B Courts	TRUSTEE	$0	$0	$0
Clay L Courts	SECRETARY/TREASURER	$0	$0	$0

990 Tax Filings

Year	Return Type	PDF
2023	990PF	View
2022	990PF	View
2021	990PF	View
2020	990PF

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$1.8M

2023-14%

Total Assets

$32.5M

2023+5%

Fair Market Value

$32.5M

2023

Net Worth

$32.3M

2023

Grants Paid

$1.5M

2023

Contributions

2023

Net Investment Income

2023

Distribution Amount

$1.6M

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Investment Portfolio (2023)

Total: $31.3M

Corporate Stock (98%)

Other Investments (2%)

Cash (0%)

Expense Breakdown (2023)

Revenue Sources (2023)

Dividends: $81K
Capital Gains (Net): $-968,299

Financial Details (2023)

Total Revenue: $-887,611
Total Expenses: $1.8M
Exempt Purpose Expenses: $1.6M
Required Distribution: $1.6M
Undistributed Income: $1.5M
Total Liabilities: $233K

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$1.9M

Average Grant

$1.9M

Median Grant

$1.9M

Unique Recipients

Most Common Grant

$1.9M

Grant Range

Min$1.9M

Max$1.9M

Smallest grantLargest grant

Grant Size Distribution

Geographic Distribution of Grants

GA$1.9M (1)

Past Grantees

Recipient	Location	Amount	Year
Community Foundation For Greater AtlantaTHE FOUNDATION DEPOSITS FUNDS FOR GRANTS FOR THE BENEFIT OF VARIOUS PUBLICLY SUPPORTED CHARITIES	Atlanta, GA	$1.9M	2022